Fort Hunt Living 2017 Real Estate Statistics in Review
Year in Review for Zip Code 22308
Lyssa Seward Realtor/Marketing Consultant
TTR Sotheby's International Realty
Hello Fort Hunters!
Happy 2018!
I thought it would be interesting to take a quick look at how our 2017 real estate sales data for sold homes compared to that of 2016, 2015, 2014 2013, 2012 and 2011. Consider this a small historical prospective. More insights about our local market after the stats….
Here is what I found:
2017:
244 Sold Listings
Average List Price: 774,663
Average Sold Price: 723,976
Average Days on Market: 36
2016:
230 Sold Listings
Average List Price: 743,942
Average Sold Price: 684,827
Average Days on Market: 55
2015:
202 Sold Listings
Average List Price: 718,520
Average Sold Price: 704,447
Average Days on Market: 70
2014:
215 Sold Listings
Average List Price: 873,705
Average Sold Price: 814,774
Average Days on Market 62
2013:
222 Sold Listings
Average List Price: $872,271
Average Sold Price: $666,099
Average Days on Market: 57
2012:
209 Sold Listings
Average List Price: $615,270
Average Sold Price: $601,896
Average Days on Market: 60
2011:
174 sold listings
Average List Price: $662,978
Average Sold Price: $643,857
Average Days on Market: 85
*statistics from MRIS 2015
The many varying price points we have in this zip code account for the differential in list and sold pricing from year to year. Houses can sell for well over 1 million, all the way down to the mid 300’s.
In 2011, there were 11 listings that sold for over 1 million dollars, and 12 listings that sold for under $400,000.
In 2012, there were 10 listings that sold for over 1 million dollars, and 17 listings that sold for under $400,000.
In 2013 there were 17 listings that sold for over 1 million dollars, and 9 listings that sold for under $400,000.
In 2014 there were 18 listings that sold for over 1 million dollars, and 5 listings that sold for under $400,000. We had one sale that was $18,600,000.00, a large parcel 16+ acre parcel with an estate on the river on East Blvd.
In 2015 there were 18 listings that sold for over 1 million and 3 homes that sold for under $400,000.
Worth noting that the largest number of homes that sold fall between $500K to $599K, followed by $600K and $699K. In 2014, the largest number of homes that sold fell between $600K and $699K. The number of homes that closed in 2015 was 6% lower than the number of homes that closed in 2014.
We should all be thankful for a solid, strong real estate year, and especially thankful that we live (or maybe want to live) in the best corner of Fairfax County.
Let me hear from you!
Lyssa Seward
LyssaSeward@gmail.com5
(703) 298-0562
